Wealth management firm Seven Bridges has acquired Gateshead-based pensions and investment firm Pension Matters, as it makes plans for future growth.
The acquisition by the firm, also based in Gateshead, will bring 600 new clients to the group and add £110m of assets under management. The move allows plans for Seven Bridges to widen and diversify its product offering as it hopes to execute further growth over the next 12 months. The company has succeeded in plans to diversify into other sectors over the past year. In January 2019, Seven Bridges launched two new businesses: insurance advice company Seven Bridges Life and estate agent business Seven Keys. Seven Bridges managing director Ryan Parker (pictured) said: "Having known...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes